Regulation
How Not to Run a Cryptocurrency Exchange
At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
UST Won't Be the End of Algorithmic Stablecoins
The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?
Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny
CoinDesk's Nikhilesh De discusses the impact of algorithmic stablecoin TerraUSD's (UST) downfall on the U.S. crypto regulatory landscape. Last week U.S. Treasury Secretary Janet Yellen pushed for stablecoin regulation during an annual testimony before the Senate Banking Committee, citing UST woes. Is stricter stablecoin regulation on the horizon?
Yellen Call for 'Responsible' Crypto Innovation Is Right
Pennsylvania Congressman Glen Thompson has proposed a thoughtful, well-formulated blueprint for "crypto regulation" that aligns with U.S. Treasury Department’s proposals.
Global Crypto Regulatory Body Is Coming Soon, Says Top Official
A joint body to coordinate efforts at regulating crypto at the global level could become a reality in the next year, according to IOSCO chair Ashley Alder.
Bitwise Exec on UST Turmoil
As algorithmic stablecoin TerraUSD (UST) resumes its downward spiral, Bitwise Asset Management Director of Research David Lawant discusses his analysis and outlook of the Terra Luna ecosystem. “The system is inherently unstable,” Lawant said. “This type of situation was extremely likely to happen at some point in time.” Plus, the need for regulation.
FTX US Reveals New York Trust Charter Application
A trust charter from the New York State Department of Financial Services enables digital asset companies to offer crypto trading and custody services in the Empire State.
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations
Local and national activists are banding together to limit what they consider are the industry's adverse effects on the environment.
